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Terrence Crovo

terrence@terrencecrovo.com +1(321) 591-5710

$ 900,000

Est. payment | -/mo

1.79 Acres Lot

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$ 900,000

Est. payment | -/mo

Save Virtual Tour

1.79 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Port Malabar Unit 40

MLS Listing ID 1089933

Annual Tax Amount $1,130

Tax Year 2025

Lot Size 1.790 Acres

Acres 1.79

Property Sub-Type Unimproved Land

Source Space Coast MLS (Space Coast Association of REALTORS®)

Property Description

Agora Village is a permit-ready multifamily development site in Palm Bay: 35 units on 1.79 acres, zoned RM-20 with High Density Residential future land use. The site plan carries the City of Palm Bay's approval stamp dated April 29, 2025 (Site Plan Permit #1369, Engineering Revision RTAP25-00002). The approved program is two 2-story garden-style walk-up buildings of 18 and 17 units, a density of 19.6 units per acre. Every unit is a two-bedroom, one-bath from 740 to 940 SF, averaging 857 SF, for 29,995 net rentable SF. Parking is 70 surface spaces, 2.0 per unit. Building coverage is 20.11 percent against 40 percent allowed, and stormwater is retained on site in a 0.45-acre pond. City of Palm Bay water and sewer serve the site through 8-inch mains in Agora Circle SE. Unit addresses are assigned at 1843 and 1857 Agora Circle SE. Flood Zone X.

Location

State FL

County Brevard

Area 342 - Malabar/Grant-Valkaria

Direction Agora Circle SE in Port Malabar, about a quarter mile from Malabar Road and Babcock Street and half a mile from I-95.

Exterior

Exterior Feature ExteriorFeatures

Utilities Available Other

Present Use Other

Garage No

Building

Lot Description Other

Sewer Unknown

Water Other

Schools

Elementary Schools Port Malabar

High Schools Palm Bay

Others

Senior Community No

Tax ID 29-37-03-26-01983.0-0018.00

Acceptable Financing Other

Listing Terms Other

Special Listing Condition Standard

Virtual Tour https://www.virtualtourcafe.com/mls/10012415

Space Coast Association of Realtors (Brevard MLS)

Listed by Reach Commercial Real Estate

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(321) 591-5710

terrence@terrencecrovo.com

633 17th St, Vero Beach, FL 32960, USA

Learn More About LPT Realty

1843 Agora CIR SE Palm Bay, FL 32909